Sysco (SYY) Q1 Earnings Lag Estimates

Sysco (SYY) came out with quarterly earnings of $1.09 per share, missing the Zacks Consensus Estimate of$ 1.13 per share. This compares to earnings of $1.07 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -3.54%. A quarter ago, it was expected that this food distributor would post earnings of$ 1.38 per share when it actually produced earnings of $1.39, delivering a surprise of 0.72%. Over the last four quarters, the company ha ...